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PALM COAST DEVELOPMENT OF VERO BEACH, INC. - Florida Company Profile

Company Details

Entity Name: PALM COAST DEVELOPMENT OF VERO BEACH, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PALM COAST DEVELOPMENT OF VERO BEACH, INC. is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act.

Status: Inactive

The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders.

Date Filed: 17 Mar 1999 (26 years ago)
Date of dissolution: 30 Dec 2020 (4 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 30 Dec 2020 (4 years ago)
Document Number: P99000024487
FEI/EIN Number 650902936

Federal Employer Identification (FEI) Number assigned by the IRS.

Address: 505 Beachland Blvd, Suite 2, Vero Beach, FL, 32963, US
Mail Address: 505 Beachland Blvd, Suite 2, Vero Beach, FL, 32963, US
ZIP code: 32963
County: Indian River
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PALM COAST DEVELOPMENT OF VERO BEACH INC 401(K) PLAN 2016 650902936 2017-07-28 PALM COAST DEVELOPMENT OF VERO BEACH INC 20
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2003-09-24
Business code 236110
Sponsor’s telephone number 7727949105
Plan sponsor’s address 505 BEACHLAND BLVD STE 2, VERO BEACH, FL, 329631717

Signature of

Role Plan administrator
Date 2017-07-28
Name of individual signing ROBERT MCNALLY
Valid signature Filed with authorized/valid electronic signature
PALM COAST DEVELOPMENT OF VERO BEACH INC 401(K) PL 2015 650902936 2016-07-28 PALM COAST DEVELOPMENT OF VERO BEACH INC 20
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2003-09-24
Business code 236110
Sponsor’s telephone number 7727949105
Plan sponsor’s address 505 BEACHLAND BLVD STE 2, VERO BEACH, FL, 329631717

Signature of

Role Plan administrator
Date 2016-07-28
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2016-07-28
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
PALM COAST DEVELOPMENT OF VERO BEACH INC 401K PLAN 2014 650902936 2015-07-30 PALM COAST DEVELOPMENT OF VERO BEACH INC 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2003-09-24
Business code 236110
Sponsor’s telephone number 7727949105
Plan sponsor’s address 3755 7TH TER STE 101, VERO BEACH, FL, 329606531

Signature of

Role Plan administrator
Date 2015-07-30
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2015-07-30
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
PALM COAST DEVELOPMENT OF VERO BEACH INC 401K PLAN 2013 650902936 2014-07-25 PALM COAST DEVELOPMENT OF VERO BEACH INC 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2003-09-24
Business code 236110
Sponsor’s telephone number 7727949105
Plan sponsor’s address 3755 7TH TER STE 101, VERO BEACH, FL, 329606531

Signature of

Role Plan administrator
Date 2014-07-25
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2014-07-25
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
PALM COAST DEVELOPMENT OF VERO BEACH INC 401K PLAN 2012 650902936 2013-07-25 PALM COAST DEVELOPMENT OF VERO BEACH INC 20
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2003-09-24
Business code 236110
Sponsor’s telephone number 7727949105
Plan sponsor’s address 3755 7TH TER STE 101, VERO BEACH, FL, 329606531

Signature of

Role Plan administrator
Date 2013-07-25
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2013-07-25
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
PALM COAST DEVELOPMENT OF VERO BEACH INC 401K PLAN 2011 650902936 2012-07-27 PALM COAST DEVELOPMENT OF VERO BEACH INC 20
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2003-09-24
Business code 236110
Sponsor’s telephone number 7727949105
Plan sponsor’s address 3755 7TH TER STE 101, VERO BEACH, FL, 329606531

Plan administrator’s name and address

Administrator’s EIN 650902936
Plan administrator’s name PALM COAST DEVELOPMENT OF VERO BEACH INC
Plan administrator’s address 3755 7TH TER STE 101, VERO BEACH, FL, 329606531
Administrator’s telephone number 7727949105

Signature of

Role Plan administrator
Date 2012-07-27
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2012-07-27
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
PALM COAST DEVELOPMENT OF VERO BEACH INC 401K PLAN 2010 650902936 2011-07-21 PALM COAST DEVELOPMENT OF VERO BEACH INC 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2003-09-24
Business code 236110
Sponsor’s telephone number 7727949105
Plan sponsor’s address 3755 7TH TER STE 101, VERO BEACH, FL, 329606531

Plan administrator’s name and address

Administrator’s EIN 650902936
Plan administrator’s name PALM COAST DEVELOPMENT OF VERO BEACH INC
Plan administrator’s address 3755 7TH TER STE 101, VERO BEACH, FL, 329606531
Administrator’s telephone number 7727949105

Signature of

Role Plan administrator
Date 2011-07-21
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2011-07-21
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
PALM COAST DEVELOPMENT OF VERO BEACH INC 401K PLAN 2009 650902936 2010-05-28 PALM COAST DEVELOPMENT OF VERO BEACH INC 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2003-09-24
Business code 236110
Sponsor’s telephone number 7727949105
Plan sponsor’s address 3755 7TH TER STE 101, VERO BEACH, FL, 329606531

Plan administrator’s name and address

Administrator’s EIN 650902936
Plan administrator’s name PALM COAST DEVELOPMENT OF VERO BEACH INC
Plan administrator’s address 3755 7TH TER STE 101, VERO BEACH, FL, 329606531
Administrator’s telephone number 7727949105

Signature of

Role Plan administrator
Date 2010-05-28
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2010-05-28
Name of individual signing ROBERT C MCNALLY
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
MCNALLY ROBERT C President 522 BAY DR, VERO BEACH, FL, 32963
MCNALLY ROBERT C Treasurer 522 BAY DR, VERO BEACH, FL, 32963
MCNALLY ROBERT C Director 522 BAY DR, VERO BEACH, FL, 32963
MCNALLY JACQUELINE Vice President 522 BAY DR, VERO BEACH, FL, 32963
MCNALLY JACQUELINE Director 522 BAY DR, VERO BEACH, FL, 32963
MCNALLY ROBERT C Agent 505 Beachland Blvd, Vero Beach, FL, 32963

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2020-12-30 - -
CHANGE OF PRINCIPAL ADDRESS 2016-04-27 505 Beachland Blvd, Suite 2, Vero Beach, FL 32963 -
CHANGE OF MAILING ADDRESS 2016-04-27 505 Beachland Blvd, Suite 2, Vero Beach, FL 32963 -
REGISTERED AGENT ADDRESS CHANGED 2016-04-27 505 Beachland Blvd, Suite 2, Vero Beach, FL 32963 -
REGISTERED AGENT NAME CHANGED 2011-04-21 MCNALLY, ROBERT C -

Documents

Name Date
VOLUNTARY DISSOLUTION 2020-12-30
ANNUAL REPORT 2020-06-25
ANNUAL REPORT 2019-04-23
ANNUAL REPORT 2018-04-19
ANNUAL REPORT 2017-04-25
ANNUAL REPORT 2016-04-27
ANNUAL REPORT 2015-04-28
ANNUAL REPORT 2014-04-24
ANNUAL REPORT 2013-04-26
ANNUAL REPORT 2012-04-27

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
311084198 0418800 2007-08-30 4116 SILVER PALM DR., VERO BEACH, FL, 32963
Inspection Type Planned
Scope Partial
Safety/Health Safety
Close Conference 2007-08-30
Emphasis L: FALL, S: FALL FROM HEIGHT
Case Closed 2007-10-31

Violation Items

Citation ID 01001
Citaton Type Other
Standard Cited 19260020 B01
Issuance Date 2007-10-04
Abatement Due Date 2007-10-17
Nr Instances 1
Nr Exposed 1
Gravity 01

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7123557106 2020-04-14 0455 PPP 505 BEACHLAND BLVD, VERO BEACH, FL, 32963-1710
Loan Status Date 2021-07-09
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 235000
Loan Approval Amount (current) 235000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17616
Servicing Lender Name Seacoast National Bank
Servicing Lender Address 815 Colorado Ave, STUART, FL, 34994-3053
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address VERO BEACH, INDIAN RIVER, FL, 32963-1710
Project Congressional District FL-08
Number of Employees 28
NAICS code 236115
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 17616
Originating Lender Name Seacoast National Bank
Originating Lender Address STUART, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 237742.74
Forgiveness Paid Date 2021-06-24

Date of last update: 02 Apr 2025

Sources: Florida Department of State